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the economy moving. and we're basically in that situation right now. all the productive capacity is there. all that's lacking is the intellectual clarity and the political will. >> you make this so clear in the book, that's why i recommended that president obama read this book as the one book i would like to see him read before the inauguration next week. if he read it, what would you hope he would fasten on? >> i would hope that he would fasten on the notion, you know, he faces real political constraint. so we understand, he can't just pass legislation. but that the most important thing, his policy priority right now should be doing whatever he can to aleasmoven th direction of the kinds of policies that we want for full employment, that we need for full employment. and that the obsessions of washington about a grand bargain on the deficit are really pretty much beside the point right now. that, if given a choice between doing something that will help the economy in the next two years, and something tha
the economy moving. and we're basically in that situation right now. all the productive capacity is there. all that's lacking is the intellectual clarity and the political will. >> you make this so clear in the book, that's why i recommended that president obama read this book as the one book i would like to see him read before the inauguration next week. if he read it, what would you hope he would fasten on? >> i would hope that he would fasten on the notion, you know, he faces...
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does this new payroll tax hike mean less spending and a weaker economy? hi, everyone, i'm brenda buttner, this is bulls and bears, here they are, the bulls and bears this week, gary b smith, tobin smith, jonas max ferris along with walker stableton and steffen, gary b. it turns out not just the rich, but the payroll tax hike smacking just about all workers, will it smack the economy next? >> i don't see how it can't, brenda. the person in that little clip summed it up perfectly. it makes a little bit of a difference and a little bit of a difference times a few hundred million people makes a big difference. it's already been studied by economists, they predict 4 to 500,000 jobs lost, 1/2% lopped off the the gdp. if you look around the studio there, everyone that gets a paycheck, like they said in that little clip, sees less he money. that's less money they were going to spend on groceries, at the drug store, the gas station and that money gets sucked out of the economy, so do jobs. >> brenda: well, now, this does hit lower and middle class americans harder
does this new payroll tax hike mean less spending and a weaker economy? hi, everyone, i'm brenda buttner, this is bulls and bears, here they are, the bulls and bears this week, gary b smith, tobin smith, jonas max ferris along with walker stableton and steffen, gary b. it turns out not just the rich, but the payroll tax hike smacking just about all workers, will it smack the economy next? >> i don't see how it can't, brenda. the person in that little clip summed it up perfectly. it makes...
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we're going to build the new economy within renewables. that is where we need to put our investment. if you look at the withdrawal of a special provision of oil, gas, and coal, it tells a story about how we think you invest in the future. >> thank you. just a couple of thoughts. years ago i was taught what was called a harvard case study approach to solving problems. it was taught in business school and the idea was to your given this complicated situation with different things that would be a good thing to do. part of the discipline was that you should pick the number one thing, the first and essential element you have got to deal with. frequently that was the situation that would determine whether the company was going to succeed or fail. but as i take a look at the things that you are looking at dealing with within the budget, to some degree we are dealing with peripheral things and it seems that there has been pretty good emphasis, but the and velvet -- the elephant in the room is the tremendous growth of entitlements. i heard referenc
we're going to build the new economy within renewables. that is where we need to put our investment. if you look at the withdrawal of a special provision of oil, gas, and coal, it tells a story about how we think you invest in the future. >> thank you. just a couple of thoughts. years ago i was taught what was called a harvard case study approach to solving problems. it was taught in business school and the idea was to your given this complicated situation with different things that would...
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we can grow the economy. the best way to do that is to put american, middle-class workers back to work. to me, every time you talk about stifling the economy through these very aggressive cuts to services and earned benefits, you are not helping the economy grow. the jobs deficit, to me, is the biggest deficit we face. but we have a lot of other challenges. social security medicare are among bashar not among the most immediate challenges. if you ash social security and medicare are not among the most immediate challenges. we have paid some $15 trillion in payroll tax to take care of social security benefits. how much have we actually used in benefits received by all americans? $14 trillion. we have a one dollar trillion -- $1 trillion in cash. all the trillions of dollars we have paid towards this have earned interest to tehe tune of about $1.5 trillion. $2.5 trillion in unused surplus. why should we cover the cost of tax cuts for the wealthy? >> those monies have been tapped for other priorities. >> that is
we can grow the economy. the best way to do that is to put american, middle-class workers back to work. to me, every time you talk about stifling the economy through these very aggressive cuts to services and earned benefits, you are not helping the economy grow. the jobs deficit, to me, is the biggest deficit we face. but we have a lot of other challenges. social security medicare are among bashar not among the most immediate challenges. if you ash social security and medicare are not among...
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immigration, gun violence, the economy. but we need some help from our republican colleagues. >> but to continue your met for. if mom and dad have wildly different views how those priorities should progress, those families are also stalled which is what the difference is philosophically in the the house between the democrats and the republicans. what's different that would make people want to work especially with you've seen the project of the majority in the next elegs? >> mom and dad should talk to the family and neighbors. because as i said before americans are way ahead of the politicians on these things. they are ready for immigration reform they are ready for the fix. they are ready for some prevention measures to stop the gun violence. they are ready for us to do the big deal on the economy. so that we don't get to see millionaires and billionaires hide behind the coattails of the middle class. >> so the difference is is the public pressure will change the dynamic here? >> i hope so because it's become very clear ove
immigration, gun violence, the economy. but we need some help from our republican colleagues. >> but to continue your met for. if mom and dad have wildly different views how those priorities should progress, those families are also stalled which is what the difference is philosophically in the the house between the democrats and the republicans. what's different that would make people want to work especially with you've seen the project of the majority in the next elegs? >> mom and...
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the point is, does this kind of thing affect the economy? the answer is unequivocally yes, it does. >> if nothing else got better shall yes, it would, but the parts of the economy that-- >> it's nothing, it's not going to make other things better. what, as walker said, you think we're going to fix the social security fund because of this? >> gary is right. and the solution is-- >> go ahead, go ahead. >> although gary is correct, there's no solution where it could stay lower and yet pay off the benefits that it's supposed to be paying off indefinitely either. so the cuts would have to come if not from the payroll tax increase, through social security and hurt the economy through spending as much as it's going to by raising the payroll tax, the fantasy is making up for the difference of borrowed money. >> we're very good at that, walker, go ahead. >> i do not share at all jonas' utopian view, to redistribute anything in the way of benefits. one of most ineffective and inefficient created. we're in deep need of reform and congress better addres
the point is, does this kind of thing affect the economy? the answer is unequivocally yes, it does. >> if nothing else got better shall yes, it would, but the parts of the economy that-- >> it's nothing, it's not going to make other things better. what, as walker said, you think we're going to fix the social security fund because of this? >> gary is right. and the solution is-- >> go ahead, go ahead. >> although gary is correct, there's no solution where it could...
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do something good for the economy. get a flu shot. all right. ha hal chicken, we appreciate speaking with you. >>> there was no lone gunman. we have heard that claim before about the assassination of jfk. for the first time, confirmation what his brother, bobby, thought so too. that story ahead. >>> millions of women made this book their guilty pleasure, now 50 shades of grey is a musical. i'm not kidding you. >>> and go inside the golden globes. talking the stars, the parties and, of course, the gowns. officeyour business needs...k... at prices that keep you...out of the red. this week get a bonus $15 itunes gift card with any qualifying $75 ink purchase. find thousands of big deals now... at officemax. so if ydead battery,t tire, need a tow or lock your keys in the car, geico's emergency roadside assistance is there 24/7. oh dear, i got a flat tire. hmmm. uh... yeah, can you find a take where it's a bit more dramatic on that last line, yeah? yeah i got it right here. someone help me!!! i have a flat tire!!! well it's good... good for me. what
do something good for the economy. get a flu shot. all right. ha hal chicken, we appreciate speaking with you. >>> there was no lone gunman. we have heard that claim before about the assassination of jfk. for the first time, confirmation what his brother, bobby, thought so too. that story ahead. >>> millions of women made this book their guilty pleasure, now 50 shades of grey is a musical. i'm not kidding you. >>> and go inside the golden globes. talking the stars,...
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economy well gerry warner makes an excellent point now and economy has two components in its export market they've got the exploitation of services or they've got the exploitation of goods manufactured goods in britain has not exported had a net balance of exportation of manufactured goods since the nineteen eighties the entire economy sense that your has been built on basically services and what are these services they are financial services. i want to power pursue with a thirty year bond market bull bull bond market where interest rates were falling now we're at a juncture in time where britain has got its manufacturing capacity they're left with financial services as really the only engine of growth during a period of bond collapse and interest rates rise that's why i'm shorting the british pound that's why jim rickards the famous guru who wrote currency war has come out and said the british pound is toast jeremy warner who's a cheerleader for the government over there at the telegraph is pointing out even that the pound is toast a payload in the yen are toast additionally not only are
economy well gerry warner makes an excellent point now and economy has two components in its export market they've got the exploitation of services or they've got the exploitation of goods manufactured goods in britain has not exported had a net balance of exportation of manufactured goods since the nineteen eighties the entire economy sense that your has been built on basically services and what are these services they are financial services. i want to power pursue with a thirty year bond...
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was there reason for me to be in debt good being of all the time bombs on the american economy set to explode with dire consequences this is a big one staggering debt from student loans everyone is told a college education is a way to get ahead college tuitions though keep going up so does the borrowing and we just hit an awful milestone our nation's combined student loan debt has now hit one trillion dollars that averages out to twenty four thousand per student it's now larger than credit card debt in this country and it comes just as an entire generation is just starting out. the. year ago anybody would have predicted. cold rainy day in november two thousand you would have our our young people our streets in new york city and she's across something history and real journalists are beyond here. so. we'll go over. some children ok. hold. on a global stage with affordable education if you are rich and it is a miscarriage of justice there is in fact a whole student loan debt and there is credit card debt when congress raises loan limits schools respond to those increased loan limits by
was there reason for me to be in debt good being of all the time bombs on the american economy set to explode with dire consequences this is a big one staggering debt from student loans everyone is told a college education is a way to get ahead college tuitions though keep going up so does the borrowing and we just hit an awful milestone our nation's combined student loan debt has now hit one trillion dollars that averages out to twenty four thousand per student it's now larger than credit card...
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did the economy expanded? did did the citizens improved and the nearly use the human development index which looks of both levels of in, but also education and health and other criteria. in democratization, afghanistan did not pass the test. that is definitely a failure. it was about the metal in terms of how much of it was democratized. but in to a government effectiveness, interestingly, come to distinctive do what we hear about, it right second of the 20 countries. had the second-highest improvement. as but we had the seventh highest, but improved. per capita gdp it was the second highest. it is increased by 130% since 2001. interestingly, human development index it was the highest of all 20. it is a combination of standard of living, education, health, the criteria. i think it is so important to see why afghans ought to be more optimistic about what they should be. indeed until many cases more optimistic than americans. longevity is way up. literacy is up, but the number of afghan children stay in school f
did the economy expanded? did did the citizens improved and the nearly use the human development index which looks of both levels of in, but also education and health and other criteria. in democratization, afghanistan did not pass the test. that is definitely a failure. it was about the metal in terms of how much of it was democratized. but in to a government effectiveness, interestingly, come to distinctive do what we hear about, it right second of the 20 countries. had the second-highest...
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>> i hope the president can turn this economy around. we are all rooting for our economy. but his policies are a disaffer and the american people are scared to death. >> eric: joe, if you listen to matt, the president's policies may not seem to work? >> well, i -- with respect to matt, i tried to let the facts. he's right. we need a fair, simple and compliant tax code. we have $150 billion that corporations do in tax expenditures to avoid the tax rates. so their tax rate on average is 16%, not 35%. but that's inefficient. we have to do what matt said, and tax people efficiently. if you go back to world war ii and take all the years since then, when our tax rate was 70% in the 50s and you look at periods with more than 38%, we had an employment rate that grew of .5%. when the tax rate was -- excuse me -- was 2%. when the tax rate went down to 38% or below, we grew at five%. my point is this is not taxes. what is key, let's take murderrive and regalations on businesses, they have increased. if they are paying 33% more for regulations per individual, you are not opening up th
>> i hope the president can turn this economy around. we are all rooting for our economy. but his policies are a disaffer and the american people are scared to death. >> eric: joe, if you listen to matt, the president's policies may not seem to work? >> well, i -- with respect to matt, i tried to let the facts. he's right. we need a fair, simple and compliant tax code. we have $150 billion that corporations do in tax expenditures to avoid the tax rates. so their tax rate on...
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. >> what makes this scary, we're destimulating the economy as these programs-- >> i know, how do you get out of that. >> you've got to get the right people in government. and anybody who thinks that raising taxes on anybody making $400,000 a year is going to do anything for the deficit and-- >> i'll disagree with you, too, here. >> and you think it's stimulative to raise taxes right now. >> no, we're having a housing recovery. we're having an auto recovery, and-- >> one side going on-- >> adam. when you go from 1 to 2 that's a big increase. >> charlie, with all due respect, there is no data, reputable study showing that raising taxes on rich people. >> 1980, 1980. >> from '82 to '88. and -- from '82 to '88, every year, mr. reagan raised taxes, and after that-- >> a tax cut which took that rate dramatically. >> all right, guys, guys, guys, calm down. this is cable here, okay? dagen, do you get a sense that just this conversation illustrates that it's going to be next to impossible to cobble together a deal that remotely addresses this problem? >> yes. >> neil: so then what happens, is
. >> what makes this scary, we're destimulating the economy as these programs-- >> i know, how do you get out of that. >> you've got to get the right people in government. and anybody who thinks that raising taxes on anybody making $400,000 a year is going to do anything for the deficit and-- >> i'll disagree with you, too, here. >> and you think it's stimulative to raise taxes right now. >> no, we're having a housing recovery. we're having an auto recovery,...
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in her time and important new book, "regulating to disaster: how green jobs are damaging america's economy." in it, she subjects the assumption and policies which led to such a faded federal investments as solyndra solar panel manufacture as was that a 123 collector car battery manufacture to a waiting analysis which we of the institute have come to expect from this oxford trained economist who served as chief of staff for the council of economic advisers. sorry. during the administration of president george w. bush. in her book, she helps us understand why the failures of such direct investments in private firms are both significant problems in themselves and cautionary tales for those who would have the government rather than private investors allocate capital. the publication that regulates the disaster caps diane mr. shear as an institute senior fellow, i'll year in which has been prolific and influential. cited by reuters reporters, talk show host, across the country. i think in particular of her many, many contributions to our series called issues 2012, ranging from her analysis demo
in her time and important new book, "regulating to disaster: how green jobs are damaging america's economy." in it, she subjects the assumption and policies which led to such a faded federal investments as solyndra solar panel manufacture as was that a 123 collector car battery manufacture to a waiting analysis which we of the institute have come to expect from this oxford trained economist who served as chief of staff for the council of economic advisers. sorry. during the...
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small businesses are revitalizing the economy, and american express open is here to help. that's why we are proud to present "your business" on msnbc. hi there, everyone. i'm j.j. ramberg, and welcome to "your business," the show dedicated to giving you tips and advice to help your small business grow. for small businesses, the uncertainty of last year has carried over into 2013. the good news. the national federation of independent business optimism index was up slightly in december. the bad news. the index is still at recession levels. the index for this month is expected to be impacted by the fiscal cliff tax deal passed by congress. that deal negotiated between vice president joe biden and senate republicans ends the payroll tax holiday, raises taxes on those making over $400,000 a year and increases capital gains tax rates. so, how will this impact your small business? barbara wealthman is an attorney and a leading authority on tax law and finance for small businesses. she is the writer of the muntari e newsletter "big ideas for small business" and also author of the
small businesses are revitalizing the economy, and american express open is here to help. that's why we are proud to present "your business" on msnbc. hi there, everyone. i'm j.j. ramberg, and welcome to "your business," the show dedicated to giving you tips and advice to help your small business grow. for small businesses, the uncertainty of last year has carried over into 2013. the good news. the national federation of independent business optimism index was up slightly in...
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road and track called sentra an economy car minus the look and feel of an economy car. wonder how civic and corolla look and feel about that. the all-new nissan sentra, with best-in-class mpg. lease for $169 per month. visit choosenissan.com. >>> it's official. 2012 was the hottest year on record for the continental u.s. the national oceanic and atmospheric administration announced that last year -- rather that last year easily beat the previous hottest year. that was 1998. it got the new record. this comes as a new federal report makes it official. climate change has already started to impact american people and the economy. well, joining me now is coral davenport, energy and environment correspondent for the national journal. good to see you again. just how hot was it last year? >> alex, the average annual temperature in the u.s. last year was 55.3 degrees. that was about -- that was a degree higher than the last previous record. it was 3.2 degrees higher than the average record -- than the average temperature for the 20th century. another way to think about the tempe
road and track called sentra an economy car minus the look and feel of an economy car. wonder how civic and corolla look and feel about that. the all-new nissan sentra, with best-in-class mpg. lease for $169 per month. visit choosenissan.com. >>> it's official. 2012 was the hottest year on record for the continental u.s. the national oceanic and atmospheric administration announced that last year -- rather that last year easily beat the previous hottest year. that was 1998. it got the...
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is this going to impact the broad economy in the earning season, do you think? >> i guess this whole political thing is these are all the bricks in the wall of worry that equity markets are continuing to climb. you know, we know how to talk about these things, they're out there, in the media a lot. we follow them sometimes like a sport. maybe we exaggerate a little bit how much these political match nations, i don't want to minimize them but i think sometimes we miss the point that there are really good companies out there who figured out how to make really good money with all of this political noise going on. >> and yet, greg, so many potholes ahead. you know we're going to see a lot of back and forth over raising the debt ceiling, sequestration is still on the horizon now. less than two months away. the continuing resolution. i want you to take a listen to the president's spokesperson this week on the debt ceiling and get your reaction to that. >> sure. >> he will not negotiate with congress when it comes to the essential responsibility of congress to pay the
is this going to impact the broad economy in the earning season, do you think? >> i guess this whole political thing is these are all the bricks in the wall of worry that equity markets are continuing to climb. you know, we know how to talk about these things, they're out there, in the media a lot. we follow them sometimes like a sport. maybe we exaggerate a little bit how much these political match nations, i don't want to minimize them but i think sometimes we miss the point that there...
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and global economy. guest: i have been looking at these countries and investing in them for nearly two of decades now. i have also been writing about them. i was keen to share what exactly is going on in these countries, which ones are likely to rise and fail in the years ahead. what struck me as i was doing the research is that there are many things that capture the imagination of investors for a decade, a rarely do they last for more than a decade. in the 1980's, we have paranoia about japan over taking the united states. in the 1990's, it was all about the technical -- tech buble. i think the last decade will be remembered for the rise of the bric countries. never before did we see so many countries boom simultaneously. that boom is coming to an end. the rising tide of global liquidity that lifted countries is ebbing. we have to figure out which ones will truly rise and which ones will fail. we need to do it over a reasonable time frame. the timeframe they used to analyze this is 50 or 100 years. my p
and global economy. guest: i have been looking at these countries and investing in them for nearly two of decades now. i have also been writing about them. i was keen to share what exactly is going on in these countries, which ones are likely to rise and fail in the years ahead. what struck me as i was doing the research is that there are many things that capture the imagination of investors for a decade, a rarely do they last for more than a decade. in the 1980's, we have paranoia about japan...
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then with the wreckage of our economy still smoldering and unstable, i asked him to help me put it back together. thanks in large part to his steady hand, our economy has been growing, our businesses have created nearly 6 million new jobs, the money we spend to save the financial system has largely been paid back. we put in place rules to prevent that kind of meltdown from ever happening again. the auto industry was saved. we major taxpayers are not on the hook if the biggest firms fail again. we have taken steps to help underwater homeowners come up for air and open new markets to sell american goods overseas. we have begun to reduce our deficit through a balanced mix of spending cuts and reforms to a tax code that at the time when we both came in was skewed in favor of the wealthy at the expense of middle class americans. when the history books are written, tim geithner is going to go down as one of our finest secretaries of the treasury. [applause] don't embarrass him. [laughter] on a personal note, he has been a wonderful friend and dependable advisor the out these last four years.
then with the wreckage of our economy still smoldering and unstable, i asked him to help me put it back together. thanks in large part to his steady hand, our economy has been growing, our businesses have created nearly 6 million new jobs, the money we spend to save the financial system has largely been paid back. we put in place rules to prevent that kind of meltdown from ever happening again. the auto industry was saved. we major taxpayers are not on the hook if the biggest firms fail again....
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in order to do that, we have to invest more in this economy. we're investing half as much as we used to. in infrastructure. we're investing half as much in science and technology. and we're investing much less than we used to in core areas of education. state universities for example are being decimated. so if you don't invest for the future, where are you going to get the growth in the future? >> but in 2008 and 2009, invest became a bad word, invest became government spending. when you're talking about investing, you're talking about it in a fairly sophisticated manner. some in the government. some the private sector, each on their own and some jointly. that kind of discussion feels dead on arrival in this political environment where we can't get something like a basic budget done. >> the problem is we're going to have to do some of this, anyway. anyone who owns a home knows this. if you defer maintenance, if you say to yourself, my boiler is leaking but i'm not going to fix it, that's actually a penny wise, pound-foolish decision. it will ev
in order to do that, we have to invest more in this economy. we're investing half as much as we used to. in infrastructure. we're investing half as much in science and technology. and we're investing much less than we used to in core areas of education. state universities for example are being decimated. so if you don't invest for the future, where are you going to get the growth in the future? >> but in 2008 and 2009, invest became a bad word, invest became government spending. when...
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the economy is, frankly, in shambles. barclay's puts fiscal deficit at nearly 20% of gdp, one of the highest imbalances in the world. total debt has more than doubled since 2008. and that is despite the fact that venezuela has the greatest proven reserves of oil in the world. more than saudi arabia, iran or canada. when hugo chavez first came to power in 1999, oil was trading at $11 a barrel. today, it is trading at $111 a barrel. chavez has presided over the greatest windfall in his country's history. and, yet, venezuela is probably the only petro state in the world where people regularly suffer power outages. infrastructure is crumbling and public security is abysmal. venezuela has one of the worst homicide rates in the world, worse even than colombia, honduras and mexico. venezuelan exports to the u.s. from the start of chavez's rule through 2011 added up to nearly $350 billion. that's iconic for a presidency which marketed itself as anti-american. but even that trend may be reversing. according to a "financial times"
the economy is, frankly, in shambles. barclay's puts fiscal deficit at nearly 20% of gdp, one of the highest imbalances in the world. total debt has more than doubled since 2008. and that is despite the fact that venezuela has the greatest proven reserves of oil in the world. more than saudi arabia, iran or canada. when hugo chavez first came to power in 1999, oil was trading at $11 a barrel. today, it is trading at $111 a barrel. chavez has presided over the greatest windfall in his country's...
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movie and there are a few things you should know about me right from the jump i'm not an expert on the economy climate change or foreign policy i'm also not an expert on sustainable farming systems the history of social movements or lego's the occupy movement has experts on all those things and more not really want to i'm happily married husband a father of two fantastic children i live on a main street in a small new england town with actual white picket fences i made this movie for you me and everyone we know in the hope that we can create a world where human need comes before corporate greed so why does it feel almost un-american to say that i think about it this way just go with me for a second here you know that scene from the oliver stone film wall street when gordon gekko played by michael douglas in a role that would win him an oscar appears at a shareholders meeting of a company or paper to defend his actions and his grotesque worldview and delivers the now famous speech where he says. the lack of that at a very is good. right. works. creek. and can. get a louche least. well not the s
movie and there are a few things you should know about me right from the jump i'm not an expert on the economy climate change or foreign policy i'm also not an expert on sustainable farming systems the history of social movements or lego's the occupy movement has experts on all those things and more not really want to i'm happily married husband a father of two fantastic children i live on a main street in a small new england town with actual white picket fences i made this movie for you me and...
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it's actually growing the local economy. i'm on the science committee and on the homeland security committee and lawrence livermore laboratory, they are our largest employer in the district and i want to get business and government on the same page, enable government research to create private sector jobs because i think technology is actually -- allows us to work in a bipartisan way because it knows no party. the way we communicate today is through our mobile devices and our ipads, our notebooks and so let's use technology, create new jobs, move forward. >> smart move. he's on the homeland security and tech committee and he's going to get the money for lawrence livermore lab which is in this district, politics 101, welcome to it congressman. >> thank you. >> congratulations. thanks for being here. we will be right back. [ crickets chirping ] [ traffic passing ] ♪ [ music box: lullaby ] [ man on tv, indistinct ] ♪ [ lullaby continues ] [ baby coos ] [ man announcing ] millions are still exposed to the dangers... of secon
it's actually growing the local economy. i'm on the science committee and on the homeland security committee and lawrence livermore laboratory, they are our largest employer in the district and i want to get business and government on the same page, enable government research to create private sector jobs because i think technology is actually -- allows us to work in a bipartisan way because it knows no party. the way we communicate today is through our mobile devices and our ipads, our...
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. >> our economy is better positioned for tomorrow than most of those other countries hit by the financial crisis. the tough decisions tim made and carried out deserve a lot of credit for that. i understand that tim is ready for a break. obviously, we are sad to see him go, but i cannot think of a better person to continue tim 's work at treasury than jack lew. >> unlike most treasury secretaries, jack lew earn his stripes and a washington and not wall street. he worked for tip o'neill in the 1970's and 1980's, and was clinton's: the director in the 1990's. evan, what does this tell us about the physical fights ahead? >> the good news is that he knows washington bit bad news is that he will do exactly what obama tells him, and from all indications, obama will not do much about fiscal restraint. >> nina, your sense of jack lew and what lies ahead? >> i think i agree with evan, but lew really does know the budget numbers. he did this in the clinton administration when we had a surplus, as the white house points out over and over again. jeff sessions in the senate is saying no way, and one se
. >> our economy is better positioned for tomorrow than most of those other countries hit by the financial crisis. the tough decisions tim made and carried out deserve a lot of credit for that. i understand that tim is ready for a break. obviously, we are sad to see him go, but i cannot think of a better person to continue tim 's work at treasury than jack lew. >> unlike most treasury secretaries, jack lew earn his stripes and a washington and not wall street. he worked for tip...
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it's actually growing the local economy. i'm on the science committee and homeland security committee, and lawrence livermore laboratory in sandia, they're our largest employer in the district. i want to get business and government on the same page, enable government research to create private sector jobs. i think technology is actually allowing us to work in a bipartisan way. because it knows no party. the way we communicate today is through our mobile devices and our. >> i joy pads and -- our ipads and our notebooks. >> and he'll be heading back off to washington. it's going to be quite a busy time for the young man. >> we'll be right back. ,,,,,,,, ,,,, . >>> oracle is working on a flaw right now in the java software after homeland security urged people to disable the program. hackers have figured out how to exploit a security bug to attack pcs allowing them to commit crimes like identity theft. it affects the -- affects the most recent version, java seven and other software designed for web browsers. java was the prime t
it's actually growing the local economy. i'm on the science committee and homeland security committee, and lawrence livermore laboratory in sandia, they're our largest employer in the district. i want to get business and government on the same page, enable government research to create private sector jobs. i think technology is actually allowing us to work in a bipartisan way. because it knows no party. the way we communicate today is through our mobile devices and our. >> i joy pads and...
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find out what's really happening to the global economy. for a no holds barred look at the global financial headlines tune into kinds a report on. whether you die from high or to the depths. catch the power of the wind or drift in the beauty of the currents. the well prepared is a must and if you're lucky. you'll never forget your experience we only need them a screen that's going to be heaven. in the flight see up close and below the ice on our t.v. .
find out what's really happening to the global economy. for a no holds barred look at the global financial headlines tune into kinds a report on. whether you die from high or to the depths. catch the power of the wind or drift in the beauty of the currents. the well prepared is a must and if you're lucky. you'll never forget your experience we only need them a screen that's going to be heaven. in the flight see up close and below the ice on our t.v. .
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yes, it is a significant number, considering the afghan economy. or the withdrawal of each international troops from afghanistan, we can sustain 80 afghan national army soldiers on the ground, if there is a willingness to continue with this mission. as you mentioned, to come with a more reasonable definition of success in afghanistan, which has come up to now, then diminished, what it means to succeed here in afghanistan. >> the end of the first row, right there. >> i would really like to understand a little bit better about the indian part of this triangle. we care more about pakistan, what is going on in the arm. my understanding is that the indians are very active, and it is a triangular relationship between pakistan, india, and afghanistan. >> if you would like, ambassador? >> india has been an important friend of afghanistan, a historic friend and ally. they are not only involved in enhancing the reconstruction in afghanistan -- they are providing scholarships for more than 1000 afghans every year into different indian universities, which is k
yes, it is a significant number, considering the afghan economy. or the withdrawal of each international troops from afghanistan, we can sustain 80 afghan national army soldiers on the ground, if there is a willingness to continue with this mission. as you mentioned, to come with a more reasonable definition of success in afghanistan, which has come up to now, then diminished, what it means to succeed here in afghanistan. >> the end of the first row, right there. >> i would really...
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find out what's really happening to the global economy with mike's cars or for a no holds barred look at the global financial headlines tune in to kaiser report on our. you know how sometimes you see a story and it seems so for lengthly you think you understand it and then you glimpse something else you hear or see some other part of it and realized everything you thought you knew you don't know i'm tom harvey welcome to the big picture. of. the.
find out what's really happening to the global economy with mike's cars or for a no holds barred look at the global financial headlines tune in to kaiser report on our. you know how sometimes you see a story and it seems so for lengthly you think you understand it and then you glimpse something else you hear or see some other part of it and realized everything you thought you knew you don't know i'm tom harvey welcome to the big picture. of. the.
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his traders have also urged the country's prime minister to step down over the country's stagnating economy. china the president's china or into policies are gradually eroding the island's independence from beijing. six men have been arrested and one declared wanted after allegedly committing a gang rape in the northern indian state of punjab the twenty nine year old victim is believed to have been traveling alone on a bus when the driver took her to a desolate location and called friends the incident occurred just weeks after a gang rape in new delhi which provoked massive protests throughout the country. seven civilians have been killed after an explosion hit a village in eastern afghanistan the blast occurred as the villagers were trying to pull out the dead from a collapsed mosque destroyed during overnight fighting between nato troops and the taliban police say a suicide vest on one of the dead insurgents might have caused the explosion. germany's finance minister wolfgang schauble is said to meet greece's top anti bailout politician alexis tsipras and the leader of the leftist syriza
his traders have also urged the country's prime minister to step down over the country's stagnating economy. china the president's china or into policies are gradually eroding the island's independence from beijing. six men have been arrested and one declared wanted after allegedly committing a gang rape in the northern indian state of punjab the twenty nine year old victim is believed to have been traveling alone on a bus when the driver took her to a desolate location and called friends the...
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ending to the global economy for a no holds barred look at the global economy headline is fueling to cause a report on r.t. .
ending to the global economy for a no holds barred look at the global economy headline is fueling to cause a report on r.t. .
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rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. >>> great conversation, you want dale murphy in the hall of fame. dually noted. thanks to all of you. that is all for today. we will be back next week. aig? we said we were going to turn it around, and we did. woman: we're helping joplin, missouri, come back from a devastating tornado. man: and now we're helping the east coast recover from hurricane sandy. we're a leading global insurance company, based right here in america. we've repaid every dollar america lent us. everything, plus a profit of more than $22 billion. for the american people. thank you, america. helping people recover and rebuild -- that's what we do. now let's bring on tomorrow. there's natural gas under my town. it's a game changer. ♪ it means clea
rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. >>> great conversation, you want dale murphy in the hall of fame. dually noted. thanks to all of you. that is all for today. we will be back next...
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he explores what it mean for the global economy. it's a little under an hour. >> it's a pleasure to see you here tonight. as we know, happiness is relative thing. i began the day this morning in the dentist's chair having a crown put in, and here by tonight i'm at politics and prose. i'm a happy man. having gone from one extreme to another. it's a special pleasure to welcome you here tonight. and standing room only. this is marvelous. i thought i would begin by telling you a few stories about what the book is about, and skipping the big structure and simply tell you some stories about some of the people in the book. in the end it's very much about real people. so what kind of book is this? it's big, it's heavy, it's, you know, you may open it with a certain trip dedication. what it is is a memoir, first of all. it's a little bit of a memoir of my travels in russia. it's a memoir of the number of the people in the weak. we have gone through twenty years together. it's a memoir of the last twenty years since the soviet union fell apar
he explores what it mean for the global economy. it's a little under an hour. >> it's a pleasure to see you here tonight. as we know, happiness is relative thing. i began the day this morning in the dentist's chair having a crown put in, and here by tonight i'm at politics and prose. i'm a happy man. having gone from one extreme to another. it's a special pleasure to welcome you here tonight. and standing room only. this is marvelous. i thought i would begin by telling you a few stories...
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find out what's really happening to the global economy with mike's cancer for a no holds barred look at the global financial headlines tune in to kaiser report on r g. for the last twenty months barring i've been seeing demonstrations and protests in its streets and how is the government dealing with the dissenters we're joined. by the country's chief of security general i think thank you so much for joining us and my first question to you would be what is the current situation the security situation in bahrain and how is the government doing with the protests because i've seen in the papers here and every one television that the protests to take place and how it's the got to dealing with it thank you very much for coming and seeing the. actually as you know behind has been on the reform project since the last of the twelve we have snow. this has been a vast project and behind it and the reform is actually on all fronts the main or the heart of this project is the democratization of bahrain now protests are actually at the heart of the democracy. but protests will never go if you hav
find out what's really happening to the global economy with mike's cancer for a no holds barred look at the global financial headlines tune in to kaiser report on r g. for the last twenty months barring i've been seeing demonstrations and protests in its streets and how is the government dealing with the dissenters we're joined. by the country's chief of security general i think thank you so much for joining us and my first question to you would be what is the current situation the security...
SFGTV2: San Francisco Government Television
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to get you from point a to point b unless you consume that ultimately drives value to the american economy. our customer, i can completely agree with what shannon said in terms of our business objective, so to speak, is to empower entrepreneurs and innovators, to create jobs. that's a metric of success, not revenue generated per data set or some other per ifervance metric. the other piece of that looking back to the example of weather and gps, my monetization, is that together they contribute $100 billion to the american economy last year. last year alone from just those two data liberations. so, that is the way in which we are approaching from a strategy perspective, the ultimate impact to our customers. >> one super quick. one thing the city of san francisco or big cities or federal, right, the other smaller cities, smaller cities have smaller budgets. having a structure to support all this open data takes a lot of money. so, when these small cities are thinking about this, they should think about a way of somehow equalizing because they are putting into having these open data team, righ
to get you from point a to point b unless you consume that ultimately drives value to the american economy. our customer, i can completely agree with what shannon said in terms of our business objective, so to speak, is to empower entrepreneurs and innovators, to create jobs. that's a metric of success, not revenue generated per data set or some other per ifervance metric. the other piece of that looking back to the example of weather and gps, my monetization, is that together they contribute...
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do large scale health provision that's the pure and certainty spaniards are not sure whether their economy can survive in its current creaking state the un or our big peace envoy to syria has said there can be no military solution to the conflicts well scott has voiced its support for political transition in syria but says present as sons exit cannot be a precondition for a deal to end the crisis washington says the syrian leader must step down with the pentagon now saying the u.s. could provide forces to secure the country's chemical weapons if assad agrees to a peaceful transition there are fears they also could fall into the wrong hands u.s. and middle east experts are also saying the conflict is putting the country's you're a new stockpiles at risk so you are reportedly has up to fifty tons of them in the rich to rein him enough to create five uclear bombs and a middle east commentator and a blogger culture believes the uranium ratio is just another red herring. now there's a kind of a sequence a chain of alarmist scenarios that are being produced concerning chemical weapons on a nucle
do large scale health provision that's the pure and certainty spaniards are not sure whether their economy can survive in its current creaking state the un or our big peace envoy to syria has said there can be no military solution to the conflicts well scott has voiced its support for political transition in syria but says present as sons exit cannot be a precondition for a deal to end the crisis washington says the syrian leader must step down with the pentagon now saying the u.s. could...
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now the flu is threatening to make an already-sick economy even weaker. we've got business owner, toma here on the medical and financial hit respectively. doctor, to you first. how bad does this get? >> this bug is going to cost big bucks. the last time wead a flu epidemic like this it cost us about $100 million in lost days, $7 billion in lost compensation, and the cdc is projecting that just the direct medical costs alone from this flu epidemic could cost over $10 billion. neil: all right, you're talking about the center or for disease control. but i want to know, why is it so bad, doctor? why is it as bad as it is? are these shots not working? is it a different strain of flu that's grown? >> yeah, couple of things. this particular flu strain, h3n2, is associated with more complications than previous strains of the flu. sometimes people who initially have flu symptoms and then actually get worse a couple of days later may have a superimposed bacterial fection. the second reason is that even though there is, you know, relative availability of the flu sho
now the flu is threatening to make an already-sick economy even weaker. we've got business owner, toma here on the medical and financial hit respectively. doctor, to you first. how bad does this get? >> this bug is going to cost big bucks. the last time wead a flu epidemic like this it cost us about $100 million in lost days, $7 billion in lost compensation, and the cdc is projecting that just the direct medical costs alone from this flu epidemic could cost over $10 billion. neil: all...
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it is a rapidly growing economy now. it's moving in the constructive direction the u.s. is moving in the other direction so when you look at places around the world where you might possibly diversify not for flight purposes necessarily but just because here's an opportunity and here is what nicaraguan government debt as a percentage of g.d.p. has done it's gone down when you look at the two countries do you think there's anything to glean from that trend and one becoming more indebted and one becoming less so in terms of their trajectory you can look at one data point i was to you when you parse together a lot of data points between the two countries you can see very opposite trends unemployment is growth is robust in the garage where it is tepid in the united states. crime stats are dramatically improving in the garage there. you know so so here in the u.s. . personal liberties i mean any comparison you want to look at are improving a nigger. almost everyone and they're not including here so if you look around you say ok well the world is not static never has been this
it is a rapidly growing economy now. it's moving in the constructive direction the u.s. is moving in the other direction so when you look at places around the world where you might possibly diversify not for flight purposes necessarily but just because here's an opportunity and here is what nicaraguan government debt as a percentage of g.d.p. has done it's gone down when you look at the two countries do you think there's anything to glean from that trend and one becoming more indebted and one...
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find out what's really happening to the global economy with max cons or a no holds barred look at the global financial headlines tune into cars report on r t. l c live from moscow let's move on now the u.n. an arab league peace envoy to syria so that can be no military solution to the conflict moscow has wice to support for political transition in syria but says president assad's exit cannot be a precondition for a deal to end the crisis washington as the ceiling leader must step down with the plan to get analysing the last could provide courses to secure the country's chemical weapons if i thought agrees to a peaceful transition and there are fears the arsenal could fall into the wrong hands u.s. and middle east experts are also saying the conflict is pushing the countries in the rainy and stockpiles at risk he reportedly has up to fifty tons of and of which to you are a new one up to grade class nuclear bombs and a middle east commentator and no got call shero believes the uranium ratio is just another red herring. now there's kind of a sequence a chain or alarmists in our use that
find out what's really happening to the global economy with max cons or a no holds barred look at the global financial headlines tune into cars report on r t. l c live from moscow let's move on now the u.n. an arab league peace envoy to syria so that can be no military solution to the conflict moscow has wice to support for political transition in syria but says president assad's exit cannot be a precondition for a deal to end the crisis washington as the ceiling leader must step down with the...
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road and track called sentra an economy car minus the look and feel of an economy car. wonder how civic and corolla look and feel about that. the all-new nissan sentra, with best-in-class mpg. lease for $169 per month. visit choosenissan.com. your mouth has sipped, snacked, ...yellowed... lived, loved, ...yellowed... chatted, chewed, ...yellowed. and over all those years, your teeth...have yellowed. fact is, if you're not whitening, you're yellowing. crest 3d white whitestrips remove over ten years of stains by going below the enamel surface. and, they whiten 25 times better than a leading whitening toothpaste. crest whitestrips. life opens up when you do. >> mike: on thursday the chairman of the joint chiefs of staff martin dempsey talk about the impact congress' ability to come up with spending plan is going to have on our military. >> operation, maintenance and training will be gutted. we'll grand aircraft. return ships to port and sharply curtail training across the force. we will be unable to reset the force following a decade of war. our readiness will begin to er
road and track called sentra an economy car minus the look and feel of an economy car. wonder how civic and corolla look and feel about that. the all-new nissan sentra, with best-in-class mpg. lease for $169 per month. visit choosenissan.com. your mouth has sipped, snacked, ...yellowed... lived, loved, ...yellowed... chatted, chewed, ...yellowed. and over all those years, your teeth...have yellowed. fact is, if you're not whitening, you're yellowing. crest 3d white whitestrips remove over ten...
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administration and i point out one of the reasons spending was falling as a percentage of gdp was the economy was growing so fast because we had a good fiscal policy that promoted competent and economic growth. if you look at the projections today, we are projecting the retirement of the baby boom and we see more people claiming their benefits. >> i want to get to that projection. it is part of the reality that even if we cut spending in the policies we are making, as we pay the policies that are due, there are areas where spending goes up. i don't think any of us want to be saying people should not be able to collect social security benefits when they are 65. that and medicare for people who are retiring are driving aggregate spending levels. on the discretionary side, we are cutting spending. >> which is why we are baffled you haven't tackled entitlements driving our long-range projections of the cliff. speaking of those long-range projections, i look at the claims you are reducing the deficit in the long term. we have enough trouble projecting 10 quarters and the future without rejecting 1
administration and i point out one of the reasons spending was falling as a percentage of gdp was the economy was growing so fast because we had a good fiscal policy that promoted competent and economic growth. if you look at the projections today, we are projecting the retirement of the baby boom and we see more people claiming their benefits. >> i want to get to that projection. it is part of the reality that even if we cut spending in the policies we are making, as we pay the policies...
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during the nights and weekends he mastered the books and studied astronomy, political economy and philosophy while some of his friends believed that his marriage and have your palm he would have been satisfied as a country lawyer had he married a woman of more angelic temperament, he speculated he would have remained at home more and less inclined to mingle with people outside. in other words that the bond between lincoln and married in as strong as that between edward and juliet, surely it was not. lincoln might have become a domestic man directing his best energy to his wife and his to children. but the speculation in my judgment denies everything we know of lyndon's for the ambition. and ambition that carried him against all odds to a successful lawyer to a brilliant politician to the presidency of the united states command in visiones we have seen that was our land when he was only 23-years-old the desire to be by fellow man by rendering himself worthy of their esteem. indeed even more important for lincoln that the congeniality of life on the circuit and the opportunity that it provide
during the nights and weekends he mastered the books and studied astronomy, political economy and philosophy while some of his friends believed that his marriage and have your palm he would have been satisfied as a country lawyer had he married a woman of more angelic temperament, he speculated he would have remained at home more and less inclined to mingle with people outside. in other words that the bond between lincoln and married in as strong as that between edward and juliet, surely it was...
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billions in the economy. at chevron, if we can't do it right, we won't do it at all. we've got to think long term. we've got to think long term. ♪ we've got to think long term. we've got to think long term. i've always had to keep my eye on her... but, i didn't always watch out for myself. with so much noise about health care... i tuned it all out. with unitedhealthcare, i get information that matters... my individual health profile. not random statistics. they even reward me for addressing my health risks. so i'm doing fine... but she's still going to give me a heart attack. we're more than 78,000 people looking out for more than 70 million americans. that's health in numbers. unitedhealthcare. [ male announcer ] how do you turn an entrepreneur's dream... ♪ into a scooter that talks to the cloud? ♪ or turn 30-million artifacts... ♪ into a high-tech masterpiece? ♪ whatever your business challenge, dell has the technology and services to help you solve it. e2 . . >>> that is all coming up next week. i'm back with our roundtable calling a little audible and mo
billions in the economy. at chevron, if we can't do it right, we won't do it at all. we've got to think long term. we've got to think long term. ♪ we've got to think long term. we've got to think long term. i've always had to keep my eye on her... but, i didn't always watch out for myself. with so much noise about health care... i tuned it all out. with unitedhealthcare, i get information that matters... my individual health profile. not random statistics. they even reward me for addressing...
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the economy. the highest gdp in the world, but the authors of the -- also greeted us on unemployment and personal savings rates. entrepreneur real ship with, we scored low. frankly, this is one i simply don't get since starting a business seems to be a founding principle of this country. we also scored poorly on safety and security. lowest ranking. personal freedom. at any rate, the u.s. standing fell out of the top ten for the first time in this stud, and the authors say that we were pulled down primarily by the decline in the number of u.s. citizens to believe are or will get the man had. fewer of us apparently feel that way. as we grow entitlement nation, the cost is high. social mobility declines, opportunity dams. we need to return to what made as great. maybe there's a lesson in a study. you want to know who ranks number one? you can see how it stacks up by going to gerriwillis.com. check it out. >> coming up on "the willis report," would you do if your child was not allowed in schools are n
the economy. the highest gdp in the world, but the authors of the -- also greeted us on unemployment and personal savings rates. entrepreneur real ship with, we scored low. frankly, this is one i simply don't get since starting a business seems to be a founding principle of this country. we also scored poorly on safety and security. lowest ranking. personal freedom. at any rate, the u.s. standing fell out of the top ten for the first time in this stud, and the authors say that we were pulled...